Has the 'Musk effect' weakened? The listed company buys the dip on DOGE and declares: This is the true financial reserve!
$DOGE Core driving event:
The US-listed company ZBAI, formerly ATIF, plans to issue additional shares to raise $100 million specifically for purchasing and holding DOGE as a financial reserve for the company.
This is the first Nasdaq-listed company to announce a large allocation of Meme tokens as reserve assets.
The company stated that this is part of its long-term digital asset strategy, and it may purchase other mainstream Meme coins in the future.
Analysis of the potential impact on the trend of DOGE:
Short-term: Strongly bullish, main driving force.
Substantial buying expectations: $100 million represents a significant proportion of DOGE's market value, concentrated purchases will directly drive up prices.
The US-listed company ZBAI, formerly ATIF, plans to issue additional shares to raise $100 million specifically for purchasing and holding DOGE as a financial reserve for the company.
This is the first Nasdaq-listed company to announce a large allocation of Meme tokens as reserve assets.
The company stated that this is part of its long-term digital asset strategy, and it may purchase other mainstream Meme coins in the future.
Analysis of the potential impact on the trend of DOGE:
Short-term: Strongly bullish, main driving force.
Substantial buying expectations: $100 million represents a significant proportion of DOGE's market value, concentrated purchases will directly drive up prices.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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